Trending Intel: July 2022
Below we highlight the top 5 trending intel topics in July 2022. 1. Property & Casualty Overview & Outlook Commercial Property, Cyber Liability and Coastal Properties Watch as our
Cannabis
Unique Risk Management Solutions for this Growing Industry.
Medical and recreational marijuana sales are expected to reach into the billions in the U.S. by 2023. The market’s rapidly changing landscape presents unique risk management considerations for those involved in the cultivation, production, dispensing and sale of cannabis and cannabis-derived products. Â
Cannabis Coverage through Burns & Wilcox can help your clients manage the unique risks associated with operating regulated dispensaries and nurseries. The coverage also helps manage risks for building owners and leased facilities. Each account is handled with industry expertise, strong market and carrier partnerships and a solutions-based approach to help insureds understand the needs of the customer.Â
Cannabis Coverage through Burns & Wilcox can help your clients manage the unique risks associated with operating regulated dispensaries and nurseries. The coverage also helps manage risks for building owners and leased facilities. Each account is handled with industry expertise, strong market and carrier partnerships and a solutions-based approach to help insureds understand the needs of the customer.Â
Cannabis Webinar
Recent Cannabis Wins |
See More |
$121,000
POS AND WEB SITE FOR CANNABIS
$70,000
CANNABIS EDIBLE MANUFACTURER
$65,000
GENERAL LIABILITY & EXCESS LIABILITY - CANNABIS RETAILER
$27,000
CBD AND MARIJUANA RETAIL OPERATION
Areas Of Specialty
Dispensary/Retail Stores
- Recreational DispensaryÂ
- Medical DispensaryÂ
- CBD Retail StoresÂ
- Online or Brick & Mortar SalesÂ
- Smoking AccessoriesÂ
Cultivation & Grow Operations
- Outdoor CultivationÂ
- GreenhousesÂ
- Indoor CultivationÂ
- Bulk/WholesaleÂ
- Seeds/ClonesÂ
Extraction and Plant Oil Processing
Testing Labs
Lessor’s Risk Only with Cannabis tenants
Product Manufacturing
- Oils/Tinctures Â
- Supplements/CapsulesÂ
- Food Products/EdiblesÂ
- Topical/CosmeticsÂ
- Smokable Products including VapesÂ
Available Products
- General Liability
- Premises Liability
- Product Liability
- Property (including indoor Crop)
- Builders Risks
- Inland Marine
- Professional Liability
- Directors & Officers Liability
Featured Expert |
Emily McDaniel
Broker, Commercial Insurance
SPECIALTIES
- Cannabis
- Habitational
- Manufacturing and Distribution
Emily joined Burns & Wilcox Denver office in June 2020 and comes with a wealth of knowledge and experience in the insurance industry both as a retail agent and in…
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Related Intel |
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Cannabis Insurance
During this webinar, our experts explore the state of the cannabis insurance market in the U.S. and Canada. Featuring: Jason Scheurle, National Product Leader, Cannabis, Burns & Wilcox, Philadelphia, PA
Ask the Expert Q&A: Cannabis Insurance
Varying state regulations and a heightened risk of theft and vandalism are among ongoing challenges in the booming cannabis industry. To learn more about Cannabis Insurance, Crain’s Content Studio spoke
Knows our market very well. Able to place difficult risks quickly. Great response times!
Recent Cannabis Wins
$121,000
POS AND WEB SITE FOR CANNABIS
$70,000
CANNABIS EDIBLE MANUFACTURER
$65,000
GENERAL LIABILITY & EXCESS LIABILITY - CANNABIS RETAILER
$27,000
CBD AND MARIJUANA RETAIL OPERATION
$24,500
MEDICAL MARIJUANA - GROWER & CULTIVATOR
$17,300
LICENSED RETAIL CANNABIS DISPENSARY
$5,600
LICENSED RETAIL CANNABIS DISPENSARY
$5,150
CBD MANUFACTURING
$5,000
CBD MANUFACTURING/SALES - GL
Eligibility Guidelines
Below are the eligibility guidelines for online binding and issuing Cyber Liability:
– Revenue up to $15M accepted
– 138 Industries Accepted
– Excluded Industries include: adult content, auction sites, data processing, debt collection, direct marketing franchisees, healthcare aggregators, online gambling, payment processors, pos technology, search engines and social media.
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Product Guidelines
Honoring a True Pioneer
A BURNSÂ 
WILCOX ASSESSMENT
Article Title
April 16, 2020
Written by
Denis Brady
PRESIDENT, BURNS & WILCOX BROKERAGE
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State of the Cannabis Market
A BURNSÂ WILCOX ASSESSMENT